Luxembourg: Calcareous Building Stone Market 2024

Calcareous Building Stone Market Size in Luxembourg

The Luxembourg calcareous building stone market contracted significantly to $X in 2021, waning by -25.4% against the previous year. Overall, consumption continues to indicate a deep slump. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Calcareous Building Stone Production in Luxembourg

In value terms, calcareous building stone production fell to $X in 2021 estimated in export price. In general, production recorded a deep reduction. The pace of growth appeared the most rapid in 2015 when the production volume increased by 146% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Calcareous Building Stone Exports

Exports from Luxembourg

In 2021, overseas shipments of calcareous building stone decreased by 0% to X tons, falling for the second year in a row after three years of growth. Overall, exports showed a precipitous descent. The most prominent rate of growth was recorded in 2018 with an increase of 120%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, calcareous building stone exports stood at $X in 2021. Over the period under review, exports saw a precipitous decrease. The growth pace was the most rapid in 2018 when exports increased by 252% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

France (X tons) was the main destination for calcareous building stone exports from Luxembourg, accounting for a 92% share of total exports. Moreover, calcareous building stone exports to France exceeded the volume sent to the second major destination, Belgium (X kg), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to France stood at -15.0%.

From 2012 to 2021, the average annual rate of growth in terms of value to France amounted to -21.7%.

Export Prices by Country

The average calcareous building stone export price stood at $X per ton in 2021, remaining relatively unchanged against the previous year. Over the period under review, the export price saw a abrupt descent. The pace of growth appeared the most rapid in 2015 when the average export price increased by 155%. As a result, the export price reached the peak level of $X per ton. From 2016 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to France totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+27.3%), while the prices for the other major destinations experienced more modest paces of growth.

Calcareous Building Stone Imports

Imports into Luxembourg

In 2021, imports of calcareous building stone into Luxembourg declined remarkably to X tons, waning by -49.9% on 2020 figures. Over the period under review, imports, however, enjoyed notable growth. The growth pace was the most rapid in 2014 with an increase of 182%. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports remained at a lower figure.

In value terms, calcareous building stone imports fell significantly to $X in 2021. Overall, imports saw a perceptible curtailment. The pace of growth was the most pronounced in 2019 when imports increased by 234%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Belgium (X tons), Germany (X tons) and France (X tons) were the main suppliers of calcareous building stone imports to Luxembourg, with a combined 98% share of total imports.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +49.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X) constituted the largest supplier of calcareous building stone to Luxembourg, comprising 60% of total imports. The second position in the ranking was taken by France ($X), with a 20% share of total imports. It was followed by Germany, with a 17% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Belgium totaled +1.5%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+36.2% per year) and Germany (-14.4% per year).

Import Prices by Country

The average calcareous building stone import price stood at $X per ton in 2021, surging by 65% against the previous year. Over the period under review, the import price, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 when the average import price increased by 135%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was France ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (-5.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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